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(SOLD) $300,000

7705 Homestead Drive Indianapolis, IN  46227

  • 3 Beds
  • 2 Baths
  • 2,120 sq. Ft

Property Description for 7705 Homestead Drive Indianapolis, IN 46227

Get ready to fall in love with this charming, move-in-ready gem! The main level features a circular floor plan with stunning hardwood floors that make every step feel elegant. The beautifully updated bathrooms and kitchen are sure to impress. Head down to the basement, where you'll find a cozy theater room, a laundry/storage area, and a versatile space that could be your new guest room, craft room-or anything you dream of! Currently set up as a home office, this room even has a walk-in closet with gorgeous bamboo flooring. With a new HVAC system in 2021, a tankless water heater added in 2022, and a fresh water softener in 2024, you'll enjoy modern comforts in every corner. And outside, the fully fenced backyard is perfect for entertaining under the pergola or unwinding amidst mature trees and beautiful landscaping. Come see why this house is the perfect place to call home!

Address:7705 Homestead Drive Indianapolis IN 46227
Status:Sold
Sold On: 10/28/2024
Price:$300,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,120
Year Built:1959
Lot Size:0.49
County: Marion
Township: Perry
MLS #:22001704
Property Type:Single Family Residence

Lot Dimensions:21519
Lot Features:Storm Sewer, Mature Trees
Water Source:Municipal/City
Directions:At Southport and Madison. Take Madison south to Brewer. Head east on Brewer to Homestead. Right on Homestead to the home immediately on your left.
Main Level Sq. Ft. :1,145
Total Sq. Ft. :2,120
Basement:Yes

Loan Price
$1,933
Price And Interest $1,565/month
Property Tax $243/month
MTG INS $0/month
HOME INS $125/month
Price
$300,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$243/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Office 17x15 Basement
Play Room 20x15 Basement
Primary Bedroom 14x10 Main
Kitchen 17x10 Main
Living Room 16x13 Main
Bedroom 2 11x10 Main
Bedroom 3 10x10 Main
Bonus Room 14x10 Basement

Semi-Annual Property Tax:$1,457
Tax Year:2023
Other Disclosures:None, Other
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
City:Indianapolis
Subdivision: Leland Heights
Zip Code:46227

Total Sq. Ft.:2,120
Interior Features:Walk-in Closet(s), Hardwood Floors, Windows Vinyl, Paddle Fan, Eat-in Kitchen, Hi-Speed Internet Availbl
Interior Area(s):Utility Room
Eating Area(s):None
Appliances:Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer, Tankless Water Heater, Water Purifier, Water Softener Owned
Equipment:Sump Pump w/Backup, Sump Pump Dual
Exterior Type:Stone
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer, Tankless Water Heater, Water Purifier, Water Softener Owned
Total Rooms:8
Dawn Whalen, REALTOR®/Broker, F. C. Tucker Company
Dawn Whalen
Phone (317) 459-5182
Additional Phone (317) 888-3311
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Dawn Whalen with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/15/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

81
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1668 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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